AptarGroup - ATR Stock Forecast, Price & News

AptarGroup, Inc. provides a range of dispensing, sealing, and material science solutions primarily for the beauty, personal care, home care, prescription drug, consumer health care, injectable, and food and beverage markets. The company operates through three segments: Pharma, Beauty + Home, and Food + Beverage. The Pharma segment provides pumps for nasal allergy treatments; and metered dose inhaler valves for respiratory ailments, such as asthma and chronic obstructive pulmonary diseases in pharmaceutical market; elastomer for injectable primary packaging components; and active material science solutions. The Beauty + Home segment primarily sells pumps, closures, aerosol valves, accessories, and sealing solutions to the personal care and home care markets; and pumps and decorative components to the beauty market. The Food + Beverage segment offers dispensing and non-dispensing closures, elastomeric flow control components, spray pumps, and aerosol valves to the food and beverage markets. It sells its products through own sales force, as well as independent representatives and distributors in Asia, Europe, Latin America, and North America. The company has a strategic partnership with PureCycle Technologies LLC to develop ultra-pure recycled polypropylene into dispensing applications; and a collaboration with Sonmol for developing a digital therapies and services platform targeting respiratory and other diseases. AptarGroup, Inc. was incorporated in 1992 and is headquartered in Crystal Lake, Illinois.

AptarGroup Price Performance

ATR Stock opened at $111.03 on Friday. The company has a current ratio of 1.90, a quick ratio of 1.32 and a debt-to-equity ratio of 0.65. The firm has a 50 day moving average of $103.65 and a 200-day moving average of $110.46. AptarGroup has a 12-month low of $94.03 and a 12-month high of $136.23. The company has a market cap of $7.25 billion, a price-to-earnings ratio of 32.37, a PEG ratio of 4.12 and a beta of 0.62.

AptarGroup (NYSE:ATR - Get Rating) last issued its quarterly earnings data on Thursday, July 28th. The industrial products company reported $0.96 earnings per share for the quarter, hitting analysts' consensus estimates of $0.96. AptarGroup had a net margin of 6.94% and a return on equity of 12.87%. The business had revenue of $844.54 million during the quarter, compared to analysts' expectations of $827.18 million. During the same period last year, the company posted $0.91 EPS. The company's revenue was up 4.1% on a year-over-year basis. As a group, equities analysts expect that AptarGroup will post 3.85 EPS for the current fiscal year.

AptarGroup Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 17th. Stockholders of record on Wednesday, July 27th were paid a dividend of $0.38 per share. The ex-dividend date of this dividend was Tuesday, July 26th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.37%. AptarGroup's dividend payout ratio (DPR) is 44.31%.

Analyst Ratings Changes

A number of research firms have recently weighed in on ATR. TheStreet lowered AptarGroup from a "b-" rating to a "c+" rating in a research report on Thursday, June 16th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of AptarGroup from $145.00 to $125.00 in a research note on Tuesday, July 19th. Morgan Stanley reduced their price objective on shares of AptarGroup from $126.00 to $120.00 and set an "equal weight" rating for the company in a research report on Tuesday, August 2nd. Robert W. Baird reduced their price objective on shares of AptarGroup to $110.00 in a research report on Tuesday, August 9th. Finally, Wells Fargo & Company reduced their price target on shares of AptarGroup from $150.00 to $125.00 and set an "overweight" rating for the company in a research report on Monday, July 18th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat.com, AptarGroup has a consensus rating of "Hold" and a consensus target price of $120.00.

Insiders Place Their Bets

In other AptarGroup news, insider Hedi Tlili sold 5,000 shares of AptarGroup stock in a transaction that occurred on Monday, August 15th. The shares were sold at an average price of $112.08, for a total value of $560,400.00. Following the completion of the sale, the insider now directly owns 10,396 shares of the company's stock, valued at approximately $1,165,183.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other AptarGroup news, insider Gael Touya sold 59,072 shares of AptarGroup stock in a transaction on Monday, June 6th. The shares were sold at an average price of $108.98, for a total value of $6,437,666.56. Following the transaction, the insider now owns 38,876 shares in the company, valued at approximately $4,236,706.48. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Hedi Tlili sold 5,000 shares of AptarGroup stock in a transaction on Monday, August 15th. The shares were sold at an average price of $112.08, for a total transaction of $560,400.00. Following the completion of the transaction, the insider now owns 10,396 shares in the company, valued at approximately $1,165,183.68. The disclosure for this sale can be found here. In the last three months, insiders sold 114,072 shares of company stock valued at $12,529,567. Company insiders own 1.20% of the company's stock.